Canada's Alimentation Couche-Tard Q3 revenue rises

Alimentation Couche-Tard

17/03/2026 21:25

Overview

Canada convenience retailer's fiscal Q3 revenue rose 4.3% yr/yr but missed analyst expectations

Adjusted EPS for fiscal Q3 increased 19.1% yr/yr but missed analyst expectations

Company repurchased 12.9 mln shares during the quarter

Outlook

Company did not provide specific financial guidance for the current quarter or full year

Result Drivers

SAME-STORE SALES - Positive same-store merchandise sales growth in all regions, led by U.S. food service and meal deals

Company press release: ID:nCNW3VvC8a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$21.8 bln
$22.20 bln (11 Analysts)
Q3 Adjusted EPS
Miss
$0.81
$0.82 (13 Analysts)
Q3 Adjusted Net Income
Miss
$751 mln
$764.62 mln (5 Analysts)
Q3 Net Income
$757.2 mln
Q3 Gross Profit
$4.2 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"

Wall Street's median 12-month price target for Alimentation Couche-Tard Inc is C$92.00, about 9.2% above its March 16 closing price of C$84.25

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)